As of 2025-07-06, the Intrinsic Value of Emaar Development PJSC (EMAARDEV.DB) is 18.98 AED. This EMAARDEV.DB valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 13.75 AED, the upside of Emaar Development PJSC is 38.00%.
The range of the Intrinsic Value is 17.37 - 21.26 AED
Based on its market price of 13.75 AED and our intrinsic valuation, Emaar Development PJSC (EMAARDEV.DB) is undervalued by 38.00%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 17.37 - 21.26 | 18.98 | 38.0% |
| DCF (Growth 10y) | 18.91 - 23.24 | 20.72 | 50.7% |
| DCF (EBITDA 5y) | 26.20 - 42.40 | 32.40 | 135.6% |
| DCF (EBITDA 10y) | 24.45 - 38.55 | 29.75 | 116.4% |
| Fair Value | 51.61 - 51.61 | 51.61 | 275.37% |
| P/E | 10.71 - 29.73 | 18.50 | 34.6% |
| EV/EBITDA | 22.33 - 36.29 | 25.97 | 88.9% |
| EPV | 12.86 - 14.38 | 13.62 | -0.9% |
| DDM - Stable | 10.21 - 18.53 | 14.37 | 4.5% |
| DDM - Multi | 9.83 - 14.52 | 11.77 | -14.4% |
| Market Cap (mil) | 55,000.00 |
| Beta | 1.28 |
| Outstanding shares (mil) | 4,000.00 |
| Enterprise Value (mil) | 25,158.20 |
| Market risk premium | 5.82% |
| Cost of Equity | 12.59% |
| Cost of Debt | 5.00% |
| WACC | 12.59% |